Balurghat Technologies Limited

BSE: 520127
Balurghat Technologies Limited - transport and logistics in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN L60210WB1993PLC059296 Incorporated 30 June 1993 ROC Kolkata HQ Kolkata, West Bengal, India
Active Listed - BSE: 520127 Public Limited Company transport and logistics MSME · Medium
Data last updated
Market Cap
₹21.08 Cr
BALTE · BSE
Share Price
₹11.99
+3.54% today
Revenue
₹120 Cr
FY 2025-26 · +38.0% YoY
EBITDA
₹2.93 Cr
Margin 2.4%
Net Profit
₹0.51 Cr
FY 2025-26 · -75.4% YoY
P/E (TTM)
14.2x
P/B 1.2x
ROE
3.2%
ROCE 7.1%
Debt / Equity
1.39
Interest cover 86.1x

About Balurghat Technologies Limited

Data last updated:

Balurghat Technologies Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the 3pl (third party logistics) services segment of the transport and logistics sector. It was incorporated on 30 June 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L60210WB1993PLC059296. Its GSTIN is 19AABCB0443J1ZV (West Bengal). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 520127.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹17.41 Cr. It was formerly known as Balurghat Transport Company Limited. It is led by directors including Pawan Kumar Sethia (Managing Director) and Arun Kumar Sethia (Whole-Time Director).

Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 170/2C A J C Bose Rd, Kolkata, West Bengal, India – 700014.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹120.08 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹51 Lakh (net margin 0.4%) and EBITDA of ₹2.93 Cr (EBITDA margin 2.4%). The net worth stands at ₹17.95 Cr (up 3.2% YoY). Total assets are valued at ₹46.1 Cr (up 18.3% YoY).

The company has about 3 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Balurghat. As per MCA filings, the company has open charges of ₹29.81 Cr and satisfied charges of ₹1.41 Cr on record. Court records list 94 cases involving the company, including 46 filed by the company and 48 filed against it; 22 cases are pending. The company has 5 deals on record (5 market trades); the latest was in September 2026. Its 3 peer companies in the Transport and Logistics industry (Third Party Logistics), with the same principal business activity (land transport via road) are compared by revenue, 1 larger and 2 smaller; the largest is Swift Road Link Private Limited with revenue of ₹87.78 Cr.

Balurghat Technologies Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0002959). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balurghat.co.in.

Company details

CIN L60210WB1993PLC059296
Registration Number 059296
Incorporation Date 30 June 1993
ROC Kolkata
Listing Status Listed - Listed on BSE (520127)
Company Status Active
Date of Last AGM 10 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0002959

CIN history

Balurghat Technologies has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L60210WB1993PLC059296, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L60210WB1993PLC059296Current
L60210WB1993PTC059296Previous
L99999WB1993PTC059296Previous
U60210WB1993PTC059296Previous
Key People
Pawan Kumar Sethia Managing Director Arun Kumar Sethia Whole-Time Director Ravikant Sethia Whole-Time Director

Recognitions & Rankings of Balurghat Technologies

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0002959

Contact details

Balurghat Technologies Limited's registered office is in Kolkata, West Bengal. Its website is balurghat.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    balurghat.co.in
  • Social Media
  • Registered Address
    170/2C A J C Bose Rd, Kolkata, West Bengal, India – 700014
  • Industry
    Transport and Logistics, 3PL (Third Party Logistics) Services

To see the full contact details of Balurghat Technologies Limited, buy the company report.

Comprehensive company report
Balurghat Technologies Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Balurghat Technologies operates one associated brand: Balurghat. Each brand links to its own profile.

BrandDescriptionWebsite
Balurghat
Indian third-party logistics companybalurghat.co.in

Business activity

The main business activity of Balurghat Technologies is transport and storage. In detail, this covers land transport via road.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH1Land Transport via Road

To see the full business activity and turnover split of Balurghat Technologies Limited, buy the company report.

Financials of Balurghat Technologies Limited

FY 2025-26 filings available

Balurghat Technologies Limited reported revenue of ₹120.08 Cr (up 38% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹120 Cr
+38.0% YoY
EBITDA
₹2.93 Cr
-27.8% YoY
Profit After Tax
₹0.51 Cr
-75.4% YoY
Net Worth
₹17.95 Cr
+3.2% YoY
Total Assets
₹46.10 Cr
+18.3% YoY
Total Debt
₹26.92 Cr
+31.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue12087.0179.3364.4961.6092.4698.44
Revenue growth+38.0%+9.7%+23.0%+4.7%-33.4%-6.1%-
EBITDA2.934.063.933.091.411.263.54
EBITDA margin+2.4%+4.7%+5.0%+4.8%+2.3%+1.4%+3.6%
Profit before tax0.752.993.291.961.38(0.87)2.54
Net profit0.512.072.441.310.79(0.92)1.38
Net profit margin+0.4%+2.4%+3.1%+2.0%+1.3%-1.0%+1.4%
EPS (₹)0.321.211.410.780.57(0.52)1.12
Balance sheet
Total assets46.1038.9826.7225.3032.5228.2721.66
Net worth17.9517.4015.2912.8318.0310.5911.49
Total debt26.9220.4610.4211.4813.6016.909.46
Cash & bank5.825.124.965.515.053.84(3.30)
Net working capital37.7731.9921.2220.4028.9324.0517.03
Cash flow
Cash from operations(4.43)(8.46)1.143.952.57(0.45)(8.96)
Cash from investing(1.33)(1.42)(0.63)(1.37)1.930.150.90
Cash from financing6.4510.04(1.06)(2.12)(3.30)7.442.86
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue30.0731.8127.6732.6827.9226.1923.0520.86
Revenue growth (YoY)+7.7%+21.5%+20.0%+56.7%+65.1%---
Other income0.100.110.100.100.090.200.100.07
Total expenses29.0826.3930.2732.3728.1324.9622.1919.72
EBITDA0.995.42(2.60)0.31(0.21)1.230.861.14
EBITDA margin+3.3%+17.0%-9.4%+0.9%-0.8%+4.7%+3.7%+5.5%
Depreciation0.070.120.090.070.060.050.080.06
Interest0.600.590.520.630.490.500.280.21
Profit before tax0.424.82(3.11)(0.29)(0.67)0.880.600.94
Tax0.110.210.000.000.000.280.170.27

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 05 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue30.0731.8127.6732.6827.9226.1923.0520.86
Revenue growth (YoY)+7.7%+21.5%+20.0%+56.7%+65.1%---
Other income0.100.110.100.100.090.200.100.07
Total expenses29.0826.3930.2732.3728.1324.9622.1919.72
EBITDA0.995.42(2.60)0.31(0.21)1.230.861.14
EBITDA margin+3.3%+17.0%-9.4%+0.9%-0.8%+4.7%+3.7%+5.5%
Depreciation0.070.120.090.070.060.050.080.06
Interest0.600.590.520.630.490.500.280.21
Profit before tax0.424.82(3.11)(0.29)(0.67)0.880.600.94
Tax0.110.210.000.000.000.280.170.27
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue12087.0179.3364.4961.6092.4698.44
Revenue growth+38.0%+9.7%+23.0%+4.7%-33.4%-6.1%-
Other income0.390.390.630.371.990.190.89
Total expenses11782.9575.4061.4060.1991.2094.90
Employee cost4.253.462.942.512.733.052.62
EBITDA2.934.063.933.091.411.263.54
EBITDA margin+2.4%+4.7%+5.0%+4.8%+2.3%+1.4%+3.6%
Depreciation0.340.250.270.360.400.450.43
Interest2.231.211.001.141.621.871.46
Profit before tax0.752.993.291.961.38(0.87)2.54
Tax0.210.860.850.610.380.050.58
Net profit0.512.072.441.310.79(0.92)1.38
Net profit margin+0.4%+2.4%+3.1%+2.0%+1.3%-1.0%+1.4%
EPS (₹)0.321.211.410.780.57(0.52)1.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital17.4117.4117.4117.4117.4117.4117.41
Reserves & surplus0.54(0.01)(2.12)(4.58)0.62(6.82)(5.92)
Shareholders' funds (net worth)17.9517.4015.2912.8318.0310.5911.49
Secured loans21.2718.538.998.728.649.482.24
Unsecured loans5.651.931.432.764.967.427.22
Total debt26.9220.4610.4211.4813.6016.909.46
Total liabilities46.1038.9826.7225.3032.5228.2721.66
Assets
Gross block9.427.077.157.065.906.536.24
Net block5.573.453.653.832.943.623.78
Capital work in progress0.000.000.000.000.000.000.00
Investments1.571.541.090.510.010.010.01
Inventories0.000.000.000.000.000.000.20
Sundry debtors30.7728.0218.4116.4317.9120.9221.52
Cash & bank balances5.825.124.965.515.053.84(3.30)
Loans & advances3.782.231.491.608.572.201.95
Total current assets40.3735.3724.8623.5431.5326.9620.37
Total current liabilities2.603.383.643.142.602.913.34
Net working capital37.7731.9921.2220.4028.9324.0517.03
Total assets46.1038.9826.7225.3032.5228.2721.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5.124.965.515.053.84(3.30)1.90
Net cash from operating activities(4.43)(8.46)1.143.952.57(0.45)(8.96)
Net cash from investing activities(1.33)(1.42)(0.63)(1.37)1.930.150.90
Net cash from financing activities6.4510.04(1.06)(2.12)(3.30)7.442.86
Net change in cash0.700.16(0.55)0.461.217.14(5.20)
Closing cash5.825.124.965.515.053.84(3.30)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+38.0%+9.7%+23.0%+4.7%-33.4%-6.1%-
EBITDA growth-27.8%+3.3%+27.2%+119.2%+11.9%-64.4%-
PBT growth-74.9%-9.1%+67.9%+42.0%+9998.0%-+128.8%
Net income growth-75.4%-15.2%+86.3%+65.8%+185.9%-166.7%-
Revenue CAGR (3Y)+23.0%+12.2%-5.0%-13.2%+4.2%+24.5%+37.1%
EBITDA CAGR (3Y)-1.8%+42.3%+46.1%-4.4%-10.4%-7.3%+48.6%
Profitability & leverage
Net income margin+0.5%+2.5%+3.1%+2.1%+1.6%-1.0%+2.0%
Return on capital employed+7.1%+12.5%+13.4%+10.1%+8.0%0.0%+12.4%
Return on net worth+3.2%+12.3%+14.3%+7.9%+4.5%0.0%+7.8%
Debt / equity1.390.980.810.850.881.280.82
Long-term debt / equity0.130.140.150.150.120.200.28
Interest cover86.1031.7627.3241.76160.40230.8646.95
Efficiency & per share
Fixed asset turnover15.7513.4112.2311.0111.1216.3517.82
Inventory turnover0.000.000.000.000.00924.60418.89
Debtors turnover4.093.754.553.763.174.365.97
EPS (₹)0.321.211.410.780.57(0.52)1.12
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)9.959.648.437.0110.005.666.18

To see the full year-wise statements and ratios of Balurghat Technologies Limited, buy the company report.

Board of directors of Balurghat Technologies Limited

Balurghat Technologies has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajendra Dugar
Also directs: Vivek Outsourcing Services Private Limited
Director31 Jul 20188 Years 3 MonthsCurrent
Manik Chand Tater
Also directs: Yashopriya Residency LLP, Cleantek Energy Private Limited, Charchco Electronics (India) Private Limited
Director23 Nov 20214 Years 11 MonthsCurrent
Arun Kumar SethiaWhole-Time Director01 Dec 199827 Years 11 MonthsCurrent
Pawan Kumar Sethia
Also directs: Hipship Logistics LLP
Managing Director30 Jun 199333 Years 4 MonthsCurrent
Ravikant Sethia
Also directs: Momasar Business Private Limited, Vivek Outsourcing Services Private Limited, Atrai Management Services Private Limited and 1 more
Whole-Time Director18 Aug 20206 Years 2 MonthsCurrent
Shweta
Also directs: Leading Leasing Finance and Investment Company Limited, Magnanimous Trade & Finance Ltd, Sanghu Valley (India) Ltd
Additional Director28 May 20260 Years 5 MonthsCurrent
View all directors

Peer comparison

Balurghat Technologies Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Third Party Logistics), with the same principal business activity (land transport via road), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Balurghat Technologies Limitedthis company₹120.08 Cr (FY 2026)₹51 Lakh0.4%38.0%3Kolkata, West Bengal, India
Swift Road Link Private Limited₹87.78 Cr (FY 2025)42.0%Delhi, India
R.K.V. Cargo Movers Private Limited₹82.32 Cr (FY 2024)11.0%Hosur, Tamil Nadu, India
Suman Forwarding Agency Pvt Ltd₹78.97 Cr (FY 2024)14.0%Howrah, West Bengal, India

To see the full peer comparison of Balurghat Technologies Limited, buy the company report.

Auditor

Balurghat Technologies Limited is audited by Vineet Kapoor & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Vineet Kapoor & AssociatesFY 2023322381F

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 33.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 66.80%.

Promoters: 33.30%Retail & Others: 66.80%
Sep 2026
QUARTER
33.30% Promoters
66.80% Retail & Others
Promoter holding - history
Now 33.30% · Sep 2026High 33.40% · Dec 2025Low 33.30% · Sep 2026
32%32.8%33.5%34.3%35%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 33.40%Mar 2026: 33.40%Jun 2026: 33.40%Sep 2026: 33.30%33.40%33.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters33.30%33.40%33.40%33.40%
Public66.70%66.60%66.60%66.60%

Charges & borrowings

Open charges
₹29.81 Cr
Satisfied charges
₹1.41 Cr
Breakdown by lending institutions
Others₹29.81 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Jan 2024100868640Others₹88.8 LakhOpen
20 Aug 2019100303082Others₹28.92 CrOpen
21 May 201210355754Reliance Capital Ltd₹40.5 LakhSatisfied
03 Feb 199880054829Karnataka State Financial Corporation (Ksfc)₹1 CrSatisfied

To see the full charge records of Balurghat Technologies Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Balurghat Technologies Limited has 5 deals on record (5 market trades); the latest was in September 2026.

Total deals
5
Market trades
5

Deals on record (5 of 5)

WhenDealAmountParties
Sep 2026Market trade₹20 LakhBuyer: an individual
Oct 2021Market trade₹19.7 LakhBuyer: Kamal Kumar Dugar And Co ( Prop : Kamal Kumar Dugar)
Seller: Kamal Kumar Dugar And Co ( Prop : Kamal Kumar Dugar)
Mar 2019Market trade₹4.9 LakhSeller: an individual
Jan 2012Market trade₹3.8 LakhSeller: 2 individuals
Oct 2007Market trade₹1.5 LakhSeller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Balurghat Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Balurghat Technologies Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.

Employee count
3
Active EPFO establishments
2

GST

Balurghat Technologies has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
19AABCB0443J1ZVWest BengalActive01 Jul 2017
29AABCB0443J1ZUKarnatakaActive18 Jan 2018

To see the full GST registrations and return filing status of Balurghat Technologies Limited, buy the company report.

Recent activity

Balurghat Technologies Limited has 30 board changes on record since 1993: 19 appointments and 11 cessations. The latest: Shweta was appointed as Additional Director on 28 May 2026.

Appointed
Shweta was appointed as Additional Director.
Filing
Balurghat Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
Charges
A charge with Others of Rs. 0.89 Cr registered on 11 Jan 2024 with Charge ID 100868640 was modified on 25 Feb 2026.
Charges
A charge with Others of Rs. 28.92 Cr registered on 20 Aug 2019 with Charge ID 100303082 was modified on 25 Feb 2026.
AGM
Balurghat Technologies Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records.
Ceased
Altab Uddin Kazi ceased to be Company Secretary.
Appointed
Geetika Khandelwal was appointed as Director.
Ceased
Gita Sharma ceased to be Director.
Appointed
Altab Uddin Kazi was appointed as Company Secretary.
Charges
A charge with Others amounted to Rs. 0.89 Cr with Charge ID 100868640 was registered on 11 Jan 2024.
Ceased
Prity Bishwakarma ceased to be Company Secretary.
Appointed
Prity Bishwakarma was appointed as Company Secretary.

29 earlier events are in the company report.

News

Frequently asked questions

Balurghat Technologies is an active public limited company based in Kolkata, West Bengal, India. The company works in 3pl (third party logistics) services, within the transport and logistics industry. It was incorporated on 30 June 1993 (33+ years old) and is registered under CIN L60210WB1993PLC059296. Listed on BSE: 520127.

Balurghat Technologies reported revenue of ₹120.08 Cr for FY 2025-26 (up 38% YoY) based on standalone financials.

Balurghat Technologies has 6 current directors:

The latest financial statements of Balurghat Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Balurghat Technologies is 19AABCB0443J1ZV, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AABCB0443J1ZU (Karnataka).

The CIN (Corporate Identification Number) of Balurghat Technologies is L60210WB1993PLC059296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Balurghat Technologies is a listed company as per MCA records. Its shares are listed on BSE (code: 520127).

Balurghat Technologies has 94 court cases on record: 46 filed by the company and 48 filed against it. 22 are pending. Most are in the district courts.

Balurghat Technologies was incorporated on 30 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.

Balurghat Technologies has 5 deals on record (5 market trades); the latest was in September 2026.

The peers of Balurghat Technologies by revenue are Swift Road Link Private Limited, R.K.V. Cargo Movers Private Limited, Suman Forwarding Agency Pvt Ltd, all in the Transport and Logistics industry (Third Party Logistics), with the same principal business activity (land transport via road).